Local Private Group Acquires Retail Center In Lawrenceville For $23.4 Million With Michael Bauer As Seller

The asset involved in the transaction is a retail property located at 2100 Riverside Parkway, Lawrenceville, GA. The property was sold for $23,400,000, encompassing a total square footage of 273,023, which equates to a price per square foot of $85.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $23,400,000
• Square Footage: 273,023
• Price Per Square Foot: $85
• Seller: Michael Bauer
• Buyers: Local, Private Group
• Brokers: Liam Rowan & Tyler Baughman - Sands Investment Group
• Sellers: Bash Capital, America's Realty, & Dragonfly Investments
• Assets Sold: Part of a larger Grocery-Anchored Shopping Center Portfolio
• Closed with first buyer under contract
• Multiple offers sourced during first week of pre-market campaign

This transaction features key individuals from Sands Investment Group, with Liam Rowan representing the seller in this deal, reachable at 404.369.4352 or via email at [email protected]. The buyers have been identified as a local private group, noted for their intention to write the next chapter for River Exchange.